For many of you who attended the 2008 National Boss Day luncheon at Grace Point, staying past 1:30 for the 2nd hour of Q&A was not feasible. About 12-15 people were able to stay around and have an interactive discussion around such tangents as:
(1) cross-cultural leadership challenges, particularly with holding onto non-negotiables
(2) leadership in the home
(3) principle of rest/renewal - prioritizing unplugging to maintain optimal energy
(4) faith and work - challenges, conflict, hindrances, scenarios
(5) personal life questions
Perhaps during the main program you had questions you wanted to ask but were not able to...or, perhaps you've since thought of an application scenario you'd like to see some discussion on...or maybe you'd just like to share a situation and invite some on-line round table dialogue. The floor is now open! Submit your question in the form of a comment to this posting and the CL Forum members will respond - including Tony Barrett and Gary Thompson!
Let the questions begin...
Posts
2 discussion points:
Gary or Tony:
What advise would you give to somebody dealing with a company undergoing regulatory and competitive changes simultaneously...what things should I be focusing on or having my people look at?
Great question Robert and let me answer this in two parts. First is the regulatory changes which are very cut and dry from my opinion. This type of change is out of your control and is the type of change that we discussed at the forum that is "forced upon you" without notice. I can relate to this as I now live in the healthcare industry and my firm just went through a government mandate that our fees for some of our services were cut by 20%. We knew this was coming and we're dealing with this change that was "forced upon us" and it hurts. We have lobbying efforts in Washington DC to try and change this so it is not so hurtful to our business model, but this process takes time and money......so until we can affect this we have to "deal with it" which means cutting back and doing more with less. This is the type of change I hate most and the best you can do is get out in front of this as far in advance as possible to make contingency plans.
The second part of your question regarding the competition is a type of change you can deal with because YOU decide how you are going to react. I love this type of change pressure as it brings out the best in me and my team. This is where you can galvanize a team by gathering everyone and assessing this threat and how to best attack on in a proactive manner. If you lead this team then do your homework and understand YOUR value proposition and then understand the other firm's value they purport. Then invite your team to prioritize how you will do battle and win.
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